Do Hardwood Floors Increase Home Value?

Do hardwood floors improve home value?

There are two reasons to get hardwood floors installed in your home: current value and future value. Current value pertains to home comfort and visual appeal, whereas future value pertains to actual resale value if/when you decide to sell your home. Frankly, the 2 go hand in hand. Does current hardwood flooring improve your Dallas, TX home’s future value?

Let’s think…hardwood floors increase home value

Hardwood flooring is widely considered the best flooring choice. Why? It is elegant, long-lasting, and easy to maintain. Which buyer wouldn’t want a flooring type with these qualities? A major selling point for potential buyers is work that won’t have to be done. Every purchaser is going to have certain preferences and will need to make some adjustments in a house to satisfy their needs. However, a home that already has the basics {that a} buyer wants will very much intrigue that person.

Practically every homeowner finds hardwood flooring appealing. How many modern homes have you ever visited that don’t have hardwood flooring installed somewhere? Not many, I’d imagine. Even if hardwood is not a buyer’s preferred flooring choice, he/she will probably still keep it due to the natural appeal, as well as to keep away from the trouble of paying for and installing new flooring.

Hardwood flooring will inevitably increase your home’s resale value. The actual increase in value is unknown, as it’s determined by the rest of the home and the buyer’s market. Though, unless you’re replacing marble floors with hardwood (which is highly uncommon), hardwood floors will outdo nearly any type of flooring with regards to increasing home value.

In comparison…

Other traditional flooring types embody carpet, tile and faux hardwood. None of these will improve a home’s value. Some may not have any effect on worth in any respect, but none will actually increase it. In reality, carpeting or laminate flooring may even devalue a home. New owners are expected to have clean carpeting when moving in; but some carpet is in such bad shape that it can never be completely cleaned.

Hardwood flooring additionally offers flexibility, unlike most other flooring types. Hardwood floors can be refinished a number of times before needing to be replaced. If you do a good job maintaining hardwood by keeping it moisture free and preventing scratches, your hardwood floors may last for over 100 years. Point being, buyers will be aware of the refinishing option. They’ll know {that a} scratched hardwood surface doesn’t spell doom for the floor. Moreover, they’ll know how valuable the floor can be in terms of durability and lifetime.

To summarize…

Hardwood floors offer:

  • An improved look
  • Easy upkeep
  • Refinishing
  • Durability
  • Long life

At the end of the day, hardwood floors are a bulletproof (not literally) flooring type for a buyer to choose. There is a lot to love about hardwood flooring that potential consumers will overlook and even understand a higher asking price. You will get more for your Dallas, TX home thanks to the added value of hardwood floors.

For all your flooring needs, hardwood and otherwise, Toscana Remodeling is here to help! Our experts will answer any questions you might have with regards to the different types of flooring and we’ll install it after completing a free estimate. Contact Toscana Remodeling now at (972) 406-8881! Also, please visit our blog for more helpful flooring and home remodeling input.

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